US EditionSmall Online Sellers Ponder Future as U.S. Ends De Minimis Exemption for Low-Cost Goods Entering Country
The policy ends duty-free imports under $800, impacting 1.36 billion annual packages and increasing costs for small businesses and online shoppers, officials said.
- An executive order signed last month ends the de minimis exemption starting Aug. 29, eliminating duty-free entry for U.S. packages valued under $800.
- The administration argues the White House said the exemption was abused to export fentanyl and contraband, prompting an executive order last month to accelerate its repeal.
- About 1.36 billion packages entered under the exemption last year, valued at $64.6 billion, with tariffs ranging from 10% to 50% or a flat-duty option of $80 to $200 for six months.
- Postal operators in Europe and elsewhere have temporarily halted many U.S.-bound parcels, causing small businesses and exporters to pause sales and face higher costs, with some fearing closures.
- Companies may shift to express services or US fulfilment as carriers and postal networks upgrade IT to standardise duty collection; Josh Stillwagon said, `China accounted for about 60% of all the shipments that went in under this de minimis exemption`.
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Small online sellers ponder future as U.S. ends de minimis exemption for low-cost goods entering country
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What end of ‘de minimis' shipping loophole may mean for your package shipments
A longstanding U.S. tax exemption for global retailers comes to an end on Friday: the de minimis exemption, which has allowed packages under $800 to enter the U.S. free of taxes, duties and fees.
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Total News Sources16
Leaning Left3Leaning Right0Center2Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 40%
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